New Issue: UBS sells $100,000 trigger performance securities on Euro Stoxx 50 ETF

By Wendy Van Sickle

Columbus, Ohio, March 21 – UBS AG, London Branch priced $100,000 of 0% trigger performance securities due March 30, 2020 linked to the Euro Stoxx 50 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 200% of any ETF gain.

If the ETF falls by up to the 77.346626% trigger level, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

UBS Securities LLC is the agent.

Issuer:	UBS AG, London Branch
Issue:	Trigger performance securities
Underlying ETF:	Euro Stoxx 50
Amount:	$100,000
Maturity date:	March 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If fund gains, par plus 200% of return; if fund falls but not below 77.346626% trigger level, par; otherwise, full exposure to any losses
Initial level:	$33.51
Trigger level:	$25.92, 77.346626% of initial level
Pricing date:	March 21
Settlement date:	March 24
Agent:	UBS Securities LLC
Fees:	3%
Cusip:	90275P459

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.